SiliconBeat

A month after borrowing $25 million at a minimum of 12.5 percent, the parent company of the Jamba Juice franchise, said today that its board of directors has adopted a “Stock Purchase Rights Plan” that it says is “designed to enable all Jamba Inc. stockholders to realize the full value of their investment” and to provide them “fair and equal treatment” in the event that “an unsolicited attempt is made to acquire the company “without paying all stockholders full and fair value,” according to a press release the company issued this morning.

The market is pegging that value at Read the rest of this entry »